Matador Resources Company (NYSE:MTDR) is one of the cheap energy stocks to buy right now. On February 24, Matador Resources reported financial results for 2025, highlighted by a 9% increase in total proved oil and natural gas reserves, reaching 667 million BOE. During Q4, the company achieved its highest-ever average production of 211,290 barrels of oil and natural equivalent/BOE per day (121,363 barrels of oil per day). This success was paired with significant debt reduction, as the company paid down ~$200 million on its credit facility and maintained a strong leverage ratio of 1.1x.
For 2026, Matador’s operating plan prioritizes capital efficiency and moderate growth. The company expects to increase oil production by 3% while reducing total capital expenditures by 11% to ~$1.50 billion. This efficiency is driven by a projected 6% reduction in drilling and completion costs per lateral foot and a 13% improvement in well cycle times.
Additionally, Matador has secured a strategic gas transportation deal on the Hugh Brinson pipeline, which is expected to provide better market access and higher realized pricing by late 2026. Matador Resources Company (NYSE:MTDR) also continues its brick-by-brick land strategy, having added 17,500 net acres in the Delaware Basin to maintain over a decade of high-quality drilling inventory.
Pixabay/Public Domain
Matador Resources Company (NYSE:MTDR) is an independent energy company that acquires, explores, develops, and produces oil and natural gas resources in the US. It operates through two segments: Exploration & Production and Midstream.
While we acknowledge the potential of MTDR as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.
Disclosure: None. Follow Insider Monkey on Google News.